36 karma · joined January 14, 2020
Compared to ChatGPT, I found this answer severely lacking.
These are popular consumer brands, and colloquialism would prefer their "insta" or "instagram", rather than "instagram profile".
I think Doge could still be correctly branded a ponzi scheme, since the returns for an investor is essentially tied to the number of suckers that buy into it after them. An early investor can take a "structured payout" by selling off the asset once the hype-cycle is creating more and more suckers who buy into the idea.
The fact that it was a joke has been diluted from the mass media, mostly due to irresponsible messaging by idiots like Elon.
Even with a product that's an outright winner, it is hard to be successful if you do not have basic financial sense.
When you buy Apple hardware, you are locked in to use Apple software and nothing else. A hardware vendor like LG/Oppo/Xiaomi would rely on Android, a commodity software, and thus, have very little pricing power against its competitors. Even though the technical specs of these phones might be better than the iPhone, they would struggle to sell for half the price.
The software lock is further amplified by those custom chips that are used across the Apple ecosystem. You're likely to pay exorbitant prices for the software on MacBook and iPad as well.
Remember, Apple usually doesn't touch a single phone throughout the manufacturing process (Most of the components are manufactured by third-party vendors squeezed into razor-thin margins). After paying these vendors off, they get to turn around and sell the same hardware for $600-650 more on the market. That wouldn't have lasted if they had licensed iOS out, their pricing power would be severely diminished.